Which statement about variable universal life insurance is false?

Question

Quizplus · Accepted Answer

Variable universal life insurance policies are not typically purchased by unions for employees. Instead, they are typically individually owned policies that offer the policyowner more investment options for the cash value portion of the policy.  A is true because VUL premiums are often flexible and can be paid on a more frequent basis than traditional whole life insurance policies. B is true because VUL policies allow for investment in a wide range of funds, including stocks and bonds, giving policyowners more control over their policy's cash value. C is true because VUL policies are a form of universal life insurance that allows for more investment flexibility.

Which Statement About Variable Universal Life Insurance Is False